Tenancy - Stanley Arms, Norwich
7 days left
- Tenancy & Leasehold
Transform this well-positioned community site into a craft pub smokehouse
The Stanley Arms is a smart-looking traditional pub that couldn’t be more perfectly located – it’s slap-bang in the middle of a busy thoroughfare with bus routes passing by. Punch has examined the demography of this popular residential area and concluded that a smokehouse barbecue and craft-focused offer would drive more trade into the pub. The transformation will enable it to develop a strikingly different character that will help it stand out among local hostelries – the go-to venue for real ale and a quirky food offering, even for those who live just outside the immediate catchment area. In short, the Stanley Arms is a genuinely appetising prospect with plenty of scope for growth.
The Stanley is a smart-looking and substantial corner pub with a good range of features and amenities. There are tables arranged on an attractive paved area to the front, and an all-weather smoking solution. Inside, there’s an open-plan public bar with around 50 covers, WiFi for patrons’ use and a catering kitchen. There’s also an on-site smokehouse, which should be utilised to provide an authentic barbecue food offering of hand-held items such as ribs, wings, burgers, dry rubbed meat and possibly a diner’s food challenge. A Punch investment has been planned to transform the décor to suit this theme, which will see the addition of rustic wooden and leather furniture and a natural colour theme. This authentic environment, combined with an impressive bar range of premium spirits, world lagers, and craft beer, could really go down well at the Stanley.
Three bedrooms, a kitchen and a lounge.
Would this pub suit you?
The Stanley’s new owner operator will need the desire, catering skill and knowledge to conduct a smokehouse offer in a pub environment. You must be ambitious and social media savvy – but above all, passionate about the smokehouse craft pub concept. You’ll know your beers and will be happy to chat to new patrons to help them find their perfect pint – you may wish to think about beer tasting events, matching beer to food, or food challenge nights to attract groups of friends and families. This is an outstanding prospect for a publican with vision – invest your time and energy in the Stanley and this pub and its patrons will reward you handsomely.
Initial Ingoing Costs
When you take on a Punch pub, you will need to provide a deposit and pay for legal fees . We estimate the initial investment you will need to make to take on this pub will be £8,000.
Profit Potential: £ 35,969 per annum
Turnover Potential £388,412
FMT Beer Barrels: 220 barrels per annum
Trade History Total ale, lager and cider deliveries in last 12 months: 153 barrels
The figures below illustrates rental cost and beer discount for this pub:
Punch Partnership Tenancy
Annual Rent £29,000
Rent Billing Frequency Weekly
Barrelage Discount £65-£75*
Tie Full Wet Tie
Repair Fund Contribution £40 per week
Punch Group Energy Deal Yes
* Weighted average discount across a basket of products
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